Davis Selected Advisers
Davis Selected Advisers ("Davis Advisors") is an independent, employee-owned investment management firm founded in 1969 that specializes in equities. With nearly $30 billion under management, the company offers U.S., International, Global, and sector-focused equity portfolios in a range of vehicles including mutual funds, separate accounts, exchange-traded funds (ETFs), variable annuities and off-shore funds. The Davis family, Davis Advisors, employees of the firm and fund directors have more than $2 billion invested alongside clients.
Type | independent |
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Industry | financial services |
Key people | Christopher C. Davis Shelby Cullom Davis |
Since its founding nearly half a century ago, Davis has offered the same, time-tested investment discipline which seeks to buy durable businesses at value prices and hold them for the long term with the goal of building wealth for shareholders through long-term compounding.
Davis believes stocks represent ownership interests in real businesses and therefore devotes significant time and resources to rigorous fundamental analysis of companies, all while maintaining a strict valuation discipline based on a concept known as “owner earnings” (i.e., the normalized cash earnings power of a business).
Under the leadership of Christopher C. Davis, Davis Advisors is widely recognized as a premier investment manager serving individual and institutional investors world-wide.
The firm traces its roots to investor Shelby Cullom Davis, a leading financial advisor to governors and presidents, who parlayed an initial investment of $100,000 in the late 1940s into more than $800 million by the end of his career in the early 1990s.
In 1969, Shelby Cullom Davis’s son, Shelby M.C. Davis, founded Davis Advisors after serving as the head of equity research at The Bank of New York in order to offer the Davis investment approach to outside clients.
External links
- Davis Funds http://www.davisfunds.com/
- Davis Advisors http://www.davisadvisors.com
- Davis ETFs http://www.davisetfs.com